BTC
+0.52%
63,273.00
USD
▲
MXN ≈ 1,075,968
theguardian.com
Biggest August fall in British house prices since 2018; Dimon warns UK against higher bank taxes – business live
British house prices expected to fall this year, despite ‘Burnham bounce’, Rightmove reportsAsking prices for newly listed homes in UK’s richest borough fall by £100k in one monthTransport news: Virgin Trains has been given permission to operate up to 20 new daily return services through the Channel Tunnel.It will allow Virgin to compete with Eurostar by running services between London and Paris, Brussels or Amsterdam, from 1 October 2030 to 31 December 2040.“This is an important next step in bringing competition and growth to the market for international rail services, and we welcome the progress Virgin Trains and London St Pancras High Speed have made.While there is still more work to do, we are supporting Virgin and the wider industry to grow international services.”“We initiated the eVOLVE-Lung02 trial aiming to improve the outcomes for patients whose lung cancers have lower PD-L1 expression and a less durable response to current immunotherapy regimens.While we are disappointed, we will learn from this trial and are determined to continue pioneering new medicines from our industry-leading pipeline in our quest to improve outcomes for patients with lung cancer.” Continue reading...
cnbc.com
Treasury yields edge lower as investors look ahead to latest FOMC minutes
Treasury yields fell as traders awaited the latest FOMC minutes due later this week.
cnbc.com
Strait of Hormuz shipping grinds to a halt ahead of U.S.-Iran ceasefire expiry
Shipping traffic in the Strait of Hormuz sank to a new low as a ceasefire between the U.S. and Iran is set to expire on Monday with no deal in sight.
cnbc.com
China's economy slows further in July as retail sales barely grow, investment slump steepens
The data is reinforcing concerns about the health of the world's second-largest economy, which has grappled with a deepening supply-demand imbalance.
bbc.co.uk
Changing pubs into homes to be made harder under new rules
The rules will come into force on Monday along with other changes to planning policy.
theguardian.com
My generation had no voice on Brexit – but Burnham gives the young fresh hope on Europe | Ceira Sergeant
Brexit didn’t create all the problems young people now face, but renewing close ties with Europe will give us so many opportunitiesI was 14 when the UK voted to leave the EU. Too young to vote, but not too young to understand that a decision was being made that would affect the rest of my life.In many ways, Brexit was my political awakening. It taught me that politics matters, because decisions made by people in power can change your future before you’ve even been given a say.Ceira Sergeant is a student and the founder of National Rejoin March Youth Continue reading...
cnbc.com
Ferrari Luce: Polarizing EV becomes a $40 million collector’s item
The auction of the Luce comes nearly three months after Ferrari unveiled its first fully electric car, which was priced at 550,000 euros (roughly $640,000).
cnbc.com
CNBC Daily Open: U.S.-Iran ceasefire set to expire
The fragile and contested ceasefire between the U.S. and Iran is set to expire today with no extension in sight.
theguardian.com
British Gas paid me £38,000 by mistake, and I can’t give it back
It said that was what I was due after I submitted a claim for £300 for energy exported through my solar panelsBritish Gas paid me more than £38,000 by mistake, then had no idea how to reclaim it. I receive quarterly feed-in tariff (Fit) payments for energy exported by my solar panels.In May, I submitted a claim for £300, based on my meter reading, and I received an email stating that I was due £38,611.59. Continue reading...
cnbc.com
Japanese automakers vulnerable to one-two punch of Iran war, yen rally
Japanese automakers vulnerable to one-two punch of Iran war, yen rally
bbc.co.uk
Instagram and Facebook could change forever if Meta loses child privacy trial
US states are suing the social media giant to force an overhaul of its platforms for young users.
theguardian.com
Are Microsoft’s AI plans being held back by a shortage of chips?
Guardian investigation finds apparent discrepancy between what tech company has said about its AI capacity – and the number of advanced chips it has in operationThe chips are quite small and some can be held in the palm of a hand. They are fundamental to the development of artificial intelligence models – and the world’s biggest technology companies need vast numbers of them to keep ahead.Microsoft is one of them. And, on paper, it seems to have a problem. A Guardian investigation has found an apparent discrepancy between what the company has said about its AI capacity – and the number of advanced AI chips it has in operation. Continue reading...
bbc.co.uk
Ferrari's first ever electric car sold for record $40m
The Luce's launch drew backlash from some commentators who said it broke from the brand's signature dramatic styling.
cnbc.com
Japan second-quarter GDP grows 1.1% on an annualized basis, missing expectations
On an annualized basis, Japan saw growth of 1.1%, against estimates of 2%.
bbc.co.uk
How switching your bank account could earn you up to £220
New research suggests staying put is costing British savers billions in missed interest every year.
theguardian.com
Summer jobs bounce back in UK thanks to busy calendar of sport and music
Industry tracker finds ‘exceptionally warm weather’ has helped boost job listings in hospitality and tourism sectorThe summer job has staged a comeback this year thanks to the hot weather and a packed calendar of events such as the men’s football World Cup, new UK figures show.Recent months have seen a significant increase in seasonal hiring in sectors such as hospitality and tourism compared with summer 2025, said the Recruitment and Employment Confederation (REC), which runs a monthly labour market tracker. Continue reading...
cnbc.com
Lamborghini unveils Revuelto SV, its most powerful production car ever
Lamborghini's Revuelto SV is a limited-edition V12 hybrid with over 1,050 horsepower, a 2.4-second 0-to-100 kph time and a $741,172 starting price.
theguardian.com
Water companies in England and Wales explore ‘surge pricing’ during drought
Suppliers could factor water scarcity into charges as part of Ofwat proposal to reduce consumptionWater companies could be allowed to raise bills for customers during periods of drought under proposals being considered by the sector’s regulator for England and Wales.Suppliers would be permitted to factor “water scarcity” into bills as part of efforts to reduce consumption under Ofwat’s plans, which are being likened to surge pricing – the practice where private hire firms raise taxi fares at times of higher demand. Continue reading...
cnbc.com
The internet's grandma has advice for late bloomers: 'It doesn't all have to be perfect'
Kim Murstein and Gail Rudnick are the duo behind "Excuse My Grandma," an advice podcast that dives into life, love and other issues across generations.
theguardian.com
Interest rate dilemma for central banks as inflation rises but growth slows
The Federal Reserve, the ECB and the Bank of England appear unclear on how to tackle inflation amid the Iran warNew UK cost of living crisis looms as rising energy bills lift inflationInflation rates have been falling across the industrialised world, but fears that the Middle East war will raise oil prices means central banks are sitting on their hands when they should be raising interest rates to subdue inflationary pressures.The US Federal Reserve, the Bank of England and the European Central Bank are still smarting from the criticism of their inaction in 2022 when inflation soared above 10% in the UK and eurozone, and over 9% in the US. Continue reading...
theguardian.com
‘I see the incredible promise’: on set of an AI film shoot as new studios embrace controversial tech
Amid fears for jobs, some film-makers say AI could enable them to bypass studio giants and take more creative risksNear the collonaded entrance to Sony Pictures’ historic Culver City film studio, a tech-powered rival has sprung up this summer. The artists at Promise, a new studio feeding off the potential of AI, can glimpse the lots where Singin’ in the Rain and Men in Black were shot, but no longer do they need to get beyond the studio’s high walls to make their visions come true.From far more modest premises, they are making movies with rapidly accelerating AI models that create backgrounds, special effects and even “synthetic performers” – using US models but also driven by market-leading Chinese AI. Continue reading...
theguardian.com
‘Why did it become personal?’: furore over plans to expand Kent oyster shack
James Green’s oyster company owns a chunk of Whitstable’s shoreline but success has not brought affection from residentsThe clink of glasses and the lapping of the tide was punctuated by giggling toddlers and the slurp of oysters at tables populated by people gently sizzling on a baking day on the Kent seaside.But James Green, of the Whitstable Oyster Fishery Company, had the demeanour of a man who had found grit in his mollusc. “I don’t like to use the term but it is nimbyism,” he said. “Why did it become personal? I don’t know really. Because we’re a family business, it’s a relatively small town?” Continue reading...
theguardian.com
Andy Burnham has barely acknowledged the climate crisis. If only Britain’s workers had that luxury | John Harris
Nurses collapsing, builders with heatstroke, bus drivers in cabs that reach 44C. The new PM wanted to spend the summer talking about the cost of living – he should change his plansI don’t think I have ever written before about a British strike directly related to the climate emergency. But that’s exactly what began late last week in north London, with a zeitgeisty connection to Andy Burnham’s fixation on buses: picket lines outside depots and massed walkouts, while the temperatures in the relevant parts of the capital and its suburbs hovered at about 34C (93F).Last Friday, more than 1,500 drivers employed by the transport giant Arriva began a planned run of 26 stoppages through to October, affecting bus routes spread between London and Essex. Everything is being led by the union Unite, whose recent grievances include alleged company union-busting and assaults by the public on staff. But the fundamental basis of the dispute is at the heart of the national condition: the near-impossibility for millions of people of working through another insanely hot summer.John Harris is a Guardian columnist Continue reading...
theguardian.com
Angela Rayner moves to protect pubs from being turned into houses or offices
Housing secretary says developers will have to prove there is no way to save pub, as she prepares planning shake-upAll pubs will get protection from being turned into housing or offices under a shake-up of planning laws in England to be presented by Angela Rayner this week.The housing secretary will publish a new national planning policy framework aimed at loosening planning laws even further to help build 1.5m homes by the end of the parliament. Continue reading...
cnbc.com
Secret outperformer: Dispelling the 'myths' about an unloved stock market
European markets fly under the radar when compared with larger and more liquid U.S. markets, but Goldman Sachs offered to dispel some of the myths.
theguardian.com
A positive new report raises the question: was Reeves undermined by dodgy data? | Heather Stewart
Assessment’s finding of a jump in UK productivity emphasises urgent need to appoint a national statisticianThe keen new chancellor, John Healey, responded to last week’s better-than-expected economic news by claiming the government was “bringing hope back”. Growth did not plunge as feared after Donald Trump unleashed war on Iran – with GDP expanding at a pretty decent 0.4% in the second quarter.But what if we should have held on to a bit more hope all along? A new assessment of the UK’s recent productivity suggests this critical measure of the country’s economic strength may have been systematically underestimated. Continue reading...
theguardian.com
University spinout to launch water quality app for UK and US waters
Molendotech will collate data from daily tests that detect E coli and other bacteria amid reports of swimmers falling illA UK university spinout behind a rapid bacterial water testing kit is planning to launch live water quality maps, as scores of beachgoers report falling ill after swimming.Molendotech, a spinout from the University of Plymouth, sells a portable test that detects E coli and other bacteria in water and delivers results on the spot, without waiting for days to get laboratory results. Continue reading...
theguardian.com
From tourism to power generation and productivity, Europe feels economic cost of heatwaves
Low river levels have stalled German freight traffic and forced closure of nuclear plants in FranceAcross Europe this scorching summer, workers have struggled in the heat as wildfires raged and critical infrastructure was shut down.Here we look at the impact of the heatwaves on several major economies across mainland Europe – with the help of analysis from economists at the Dutch bank Triodos, who estimate a total of €180bn could be wiped off EU GDP by the heatwaves. In the UK, the green thinktank Verdant said this week that the heat had already cost the economy £4.4bn by the end of July. Continue reading...
bbc.co.uk
Parents 'watering down baby milk' over high costs
Moorside Baby Bank say parents are turning to unsafe practices over the rising cost of essentials.
theguardian.com
‘We detected unusual activity’: the scam that uses AI to exploit your holiday photos
Fraudsters use pictures posted on Instagram or Facebook to create emails seeking bank account detailsYou are on a short break in Porto and post some pictures of your family on Instagram or Facebook. With a small section of the Douro river in the background, you think it could have been taken anywhere.A few days later, you get a text saying that your card was compromised. “We detected unusual activity while you were travelling in Porto – please verify immediately,” says the message. Continue reading...
bbc.co.uk
I survived two years as prime minister in a hit new game - then my cabinet deserted me
Mobile game No 10: Full Confidence recently ranked above Minecraft on the UK App Store paid games chart
theguardian.com
Royal estates rent out homes that fail to meet legal energy efficiency standards
Exclusive: More than 100 homes on King Charles and Prince William’s inherited estates have EPC ratings of F or G• ‘It’s archaic’: the struggle to heat poorly insulated homes let by royal estatesMore than 100 homes on the inherited royal estates of King Charles and Prince William fail to meet the legal minimum energy standards for landlords, the Guardian can reveal.An analysis of a large sample of domestic lets on the duchies of Lancaster and Cornwall and the Sandringham estate found that one in five have Energy Performance Certificate (EPC) ratings of F or G. Continue reading...
theguardian.com
‘It’s archaic’: the struggle to heat poorly insulated homes let by royal estates
A number of idyllic-looking homes in estates owned by King Charles and Prince William do not meet energy standards for rentals• Royal estates rent out homes that fail to meet legal energy efficiency standardsThis summer, the duchy of Cornwall got a new-look website with a bold statement of intent at the top: “We’re on a mission to become a world-leading impact organisation.”Updating the website will have been the easiest part of that mission. Upgrading hundreds of ageing, mostly rural, rented cottages, farmhouses and country houses will be one of the hardest. Continue reading...
cnbc.com
Prediction markets and sports betting: How this UK exchange is trying to do both in the U.S.
Smarkets is entering the U.S. prediction market race but also applying to run as a sportsbook within states amid regulatory uncertainty at the federal level.
cnbc.com
Anthropic revenue reportedly jumps to more than $11.5 billion in second quarter
The jump in revenue underscores the rapid growth of the Claude chatbot maker as it prepares for a potential blockbuster initial public offering.
cnbc.com
Depleted strategic oil reserve nears level that raises concerns about damage to caverns, operations
The rapid drawdown of the U.S. Strategic Petroleum Reserve could damage the caverns that store the oil, experts warn.
theguardian.com
‘Strategic change and grasping nettles’: where now for John Lewis as boss exits?
Peter Ruis appeared ‘to be doing a good job in difficult circumstances’ at department store chain, says analyst“Going up?” After a tough week for department stores it feels as if that sales aspiration is as dated as the singsong phrase in the opening credits of Are You Being Served? Simpsons of Piccadilly, which inspired the fictional Grace Brothers department store in which the 1970s TV sitcom was set, is long gone, and several of its modern equivalents are now fighting oblivion.The boss of John Lewis, Peter Ruis, clearly decided it was time to exit the elevator this week, announcing his abrupt departure from the UK’s biggest department store chain in a surprise statement. Days later, Harvey Nichols, the luxury Knightsbridge store that was once a byword for 1990s chic, was bought out of administration for a knock-down price by the owner of Sports Direct, Mike Ashley’s Frasers Group. Continue reading...
theguardian.com
Met apologises for exposing 143 email addresses of Mohamed Al Fayed victims
London police force tells Telegraph incident was result of ‘human error’ and it is conducting an investigationThe Metropolitan police have apologised for accidentally exposing the email addresses of more than 140 victims of Mohamed Al Fayed.In a group update about its investigation into the former Harrods owner, the force copied the email addresses of 143 victims of Fayed in a message that included about 12 other recipients, the Telegraph reported. Continue reading...
cnbc.com
I drove Tesla FSD, Rivian Autonomy+ ‘hands-free’ driving systems. Here’s how they compare
Rivian is trying to catch up to Tesla's "hands-free" capabilities, but with additional safety guardrails that the Elon Musk company doesn't have.
theguardian.com
UK’s biggest EV battery gigafactory shelves expansion as Jaguar Land Rover talks stall
Chinese-owned AESC has pushed back plans in sign of slowing transition from petrol and diesel to electric carsAndy Burnham moves to cut new EV sales targetsThe UK’s biggest gigafactory has shelved plans to expand production in Sunderland because of stalled talks on a deal to supply electric car batteries to Jaguar Land Rover.Chinese-owned AESC produces batteries for Nissan at its gigafactory next door to the Japanese carmaker’s Sunderland plant. However, AESC has had to push back its ramp-up plans because of lower-than-expected demand from Nissan and the lack of a deal with JLR, according to people with knowledge of the situation. Continue reading...
theguardian.com
Donald Trump doesn’t just love billionaires, he loves multimillionaires too
US tax policy deprives the government of revenue and overwhelmingly serves the interests of the richAfter the House passed its version of Donald Trump’s One Big Beautiful Bill Act (OBBBA) last year – the one that paired a $5tn-plus tax cut with $1tn-plus of cuts from food stamps and Medicaid – the House speaker, Mike Johnson, explained that “this is not giving tax cuts to the millionaires”. The beneficiaries, he said, were “small business owners” that “provide the jobs in every community in America”.Johnson was playing to the myth of the modest, sturdy Main Street job creator. It is an appealing story. It’s also the most consequential piece of BS distorting American policy that deprives the government of tax revenue, stunts American capitalism, twists regulations, thwarts competition and overwhelmingly serves millionaires’ interests. Continue reading...
theguardian.com
From food to tech to travel: the best student deals and discounts
You can save money at university, especially using schemes such as UNiDAYS, Student Beans or TOTUM‘Watch your spending, use free perks’: an insider’s tips on student moneyWith rents on the up and food costing more, maintenance loans are stretched thinner than ever. Knowing how, and where, to get a discount can make a real difference.A golden rule is to register with the big discount websites and apps – UNiDAYS, Student Beans and TOTUM – using your university email address as soon as you have one. Each has a slightly different roster of retailers, so it is worth signing up to all three. Continue reading...
theguardian.com
Secondhand booksellers in UK and Ireland suspect AI firms behind ‘strange’ bulk orders
Development comes after Anthropic was found to have spent millions on books to scan for ‘data acquisition’Secondhand booksellers in the UK and Ireland are reporting a flurry of bulk orders from mystery buyers, amid speculation AI companies are acquiring the tomes for their data.Bookshops contacted by the Guardian say they have been receiving orders from buyers in the US, Canada, continental Europe and the UK. The increase has been replicated around the world, with booksellers in the US, Australia and Europe also reporting unusual orders. Continue reading...
theguardian.com
‘A tax on being thin’: only high earners make overall savings on food bills from weight-loss drugs
Users need discretionary income of nearly £100,000 a year to make savings on their grocery spend after paying £1,200 for GLP-1s, analysis findsThe high cost of weight-loss medication is a “regressive tax on being thin” because the outlay outweighs any saving on food costs for all but the highest earners.Someone needs to have discretionary income of nearly £100,000 a year to actually save money after covering the £1,200 annual cost of GLP-1 medication, according to an analysis by the consultancy Baringa. Continue reading...
cnbc.com
Beijing is said to move to clarify tax rules stoking confusion among China's ultra-wealthy
Beijing is said to be moving to clarify ambiguities in new tax rules on offshore trusts after the policy sowed confusion among wealthy Chinese and advisors.
theguardian.com
‘Watch your spending, use free perks’: an insider’s tips on student money
Avoid getting into debt at university with tricks to save cash, earn extra funds and have a good timeThe best student deals and discountsOver the past two years university student Erin has been giving Martin Lewis a run for his money when it comes to hunting down the best hacks, tips and tricks to save cash and earn money.The 21-year-old has seen Oasis for free; earned tickets to race days; made money from selling secondhand clothes (£200 in one weekend alone); and enjoyed cut-price treats with friends. Continue reading...
cnbc.com
Russia's economy has defied the skeptics. Cracks are getting harder to hide
Russia's wartime economy is under growing strain as its budget deficit widens and analysts warn pressure could intensify next year.
cnbc.com
Extreme heat spurs earliest-ever Champagne harvest, putting its famous taste to the test
Producers of the iconic French fizz face a challenge to preserve its taste profile while they also battle tariff complications and fewer drinkers.
theguardian.com
Five key takeaways from parliamentary hearings into client leaks at KPMG
Partners say they ‘don’t recall’ leaked papers and are accused by lawyers of being misleading as more whistleblowers come forwardGet our breaking news email, free app or daily news podcastKPMG staff misled colleagues who tried to investigate leaks of confidential client information, a parliamentary inquiry has heard.The audit and consulting firm and leading clients such as Westpac, Macquarie and Optus faced a grilling on Friday. Westpac’s representative threw his weight behind the Labor-led inquiry’s calls for the Albanese government to reform the big four firms. Continue reading...
bbc.co.uk
Temporary ban on disposable BBQs as military deployed to help battle wildfires
Single-use grills pose a "significant risk to the public" in current drought and heatwave conditions, the government warns.
cnbc.com
Trump family-backed crypto firm World Liberty gets conditional bank charter approval
The OCC conditionally approved World Liberty Trust Co.’s national trust bank charter. That would allow the Trump family-backed firm to issue stablecoins.
cnbc.com
Nvidia discloses $21 billion stake in SpaceX at end of second quarter
Nvidia's stake in SpaceX, which came through an investment in xAI, was worth about $21 billion at the end of the second quarter.
bbc.co.uk
Protein or pickled garlic? What's new in ice cream
There's a constant battle in ice cream to come up with new flavours and to keep costs down.
cnbc.com
Berkshire Hathaway boosts Alphabet to a top three holding, ups Delta and housing bets
Berkshire owned about 106 million shares in the parent of Google, worth $37.9 billion at the end of June, according to a regulatory filing released Friday.
cnbc.com
U.S. to use economic tactics on Iran 'that have never been seen'; Navy works to relieve troubled carrier USS Abraham Lincoln
The Trump administration is ratcheting up rhetorical pressure on Iran as the military conflict in Iran appears mired in a strategic stalemate.
cnbc.com
Regulators and banks step up scrutiny of prediction markets
The CFTC is reviewing prediction betting platforms' so-called mention markets, people familiar with the matter confirmed to CNBC.
cnbc.com
OpenAI talent exodus raises 'huge red flag' ahead of IPO
OpenAI's C-suite turnover gives investors another reason for concern as the company pushes toward a mammoth IPO.
bbc.co.uk
Why is Selena Gomez being sued?
BBC journalist Ana Guerra-Moore looks at why investors who backed Wondermind Global are claiming the pop star failed to fulfil promises.
bbc.co.uk
Royal Parks gardeners to strike over pay
Staff employed by sub-contractor Idverde are to strike after rejecting a 70p per hour pay rise.
bbc.co.uk
Electric vehicle sales targets could be cut after pressure from car makers
The government says it is considering cutting the new electric car sales target from 80% to 50% by 2030.
theguardian.com
Milk, wine, salad: how your food will be affected by the summer of heat
There are parched fields, overheating sheep and potentially the worst cereal harvest since detailed records began – but it’s a good year for cider applesAs parts of the UK swelter through a fifth successive climate crisis-driven heatwave and nearly three-quarters of England remains in drought, how are six homegrown products faring? Continue reading...
cnbc.com
How a niche copper trade became a real-time gauge of Trump’s next tariff move
The widening price of copper between two metals exchanges is offering investors a gauge of U.S. tariff risk.
theguardian.com
As online dating goes into ‘salvage mode’, can AI solve all its problems?
Dating apps such as Bumble forced to adapt as ‘swipe fatigue’ growsBumble was supposed to be different. When it launched in 2014, it offered women a simple proposition: if you matched with a man, you had to make the first move. The rule was meant to make online dating safer and less intimidating, while giving women control over who got to speak first.This week, Bumble abandoned it. Continue reading...
cnbc.com
AI’s infrastructure boom is getting more leveraged — and harder to track
AI’s infrastructure boom is increasingly being funded through bonds, leases and private capital, while leveraged investors add another layer of market risk.
bbc.co.uk
Selena Gomez sued for alleged fraud over mental health company
Investors say the actor and singer did not take an "active role" in the company as promised.
theguardian.com
Gen Z and millennials have it far worse than my generation. Here's why | Opinion
'I know my age group has called the young lazy, entitled snowflakes,' says Guardian columnist Polly Toynbee, who has been writing for the Guardian for nearly 50 years. 'But I know whose side I’m on and it’s not my own generation’s.'Polly believes that the social contract between younger and older generations has been broken, with gen Z and millennials set to be worse off than their parents in the face of soaring unemployment, stagnating wages and ballooning house prices. New research carried out for the BBC suggests that people in their 20s are facing a worse start to adulthood than any other generation in almost half a century, with more than 40% of 25-year-olds now living with their parents.Watch to find out why Polly thinks her generation owes the younger ones an apology - and how they can right these wrongs Continue reading...
bbc.co.uk
US says dozens of countries helped China dodge Trump's tariffs
A new US report said China had moved goods through nations with lower tariffs to dodge higher levies.
theguardian.com
Taiwan's simulated internet blackout, explained – video
In Taipei on Thursday, the streets swiftly emptied into shelters as air raid sirens rang out and alerts pinged on mobile phones. These kinds of drills are the norm in cities across Taiwan, amid the growing threat posed by China across the strait. But this time, internet speeds were drastically cut, simulating a coordinated attack for the first time. Rafqa Touma speaks to Yu-chen Li, Guardian researcher on China affairs, who was on the ground‘Tiktok wouldn’t open at all’: Taiwan simulates an internet blackout, with an eye on China threat Continue reading...
bbc.co.uk
I got an £89 refund – how to cancel and avoid unwanted subscriptions
After the PM announced a crackdown on subscription traps, readers share how they got into and out of unwanted plans.
cnbc.com
Tata chairman’s shock exit move puts JLR owner's bets on chips, iPhones and Air India at risk
Tata Sons Chairman's sudden exit plan has sparked concerns over the Indian multinational's commitment to invest big bucks in projects of national importance.
theguardian.com
Tougher crops and beaver dams: how UK farmers are tackling drought
Hit by heatwaves and low rainfall, food producers are finding novel solutions to help crops and cattle survivePonds and collection tanks, drought-resistant crops and a certain rodent. As the climate crisis brings more extreme weather to Britain, farmers are experimenting with new tactics to tackle drought – and flooding.The string of heatwaves and drought conditions experienced across vast swathes of Britain this summer has brought a series of challenges for food producers, particularly those growing crops more suited to the UK’s traditional climate. Continue reading...
theguardian.com
Builders, bakers and cheeseburger-makers: the UK workers struggling in extreme heat
From chefs to paramedics, workers tell the Guardian how they are coping and unions outline the changes needed in the workplaceIn the sweltering kitchen of the Plimsoll pub in north London, the head chef, Joshua Swinney, has a frozen tea towel wrapped around his neck to combat the heat.As temperatures exceeded 35C (95F) in the capital, workers who were not lucky enough to be in air-conditioned offices sweltered in the heat. Continue reading...
theguardian.com
‘TikTok wouldn’t open at all’: Taiwan simulates an internet blackout, with an eye on China threat
Taiwan practised cutting off internet for the first time amid concerns about the safety of the undersea cables that form its ‘digital lifeline’In Taipei, the streets swiftly empty as air raid sirens ring out and alerts ping on mobile phones. Police officers usher any stragglers into shelters, leaving the capital suddenly deserted.In cities across Taiwan, these kinds of drills are a fact of life every year, amid the growing threat posed by China across the strait, but this time there is something different. Continue reading...
cnbc.com
From Apple to Ford: How Chinese tech is becoming harder for global companies to ignore
Global companies are increasingly tapping Chinese technology for its growing capabilities and scale, even as geopolitical risks remain.
bbc.co.uk
'I lost $14,000 in a month': Investors hit by Korean stock market's wild swings
Some traders are reeling from heavy losses after a brutal correction in South Korea's stock market.
bbc.co.uk
Engine parts smashed Ryanair window that man's head was sucked out of, report says
A preliminary report by US investigators says an engine fan blade broke on last month's flight from Greece to Germany.
theguardian.com
Energy nationalism and interconnectors: the next power threat? | Nils Pratley
Solar eclipses are far easier to manage than Europe’s cross-border electricity politicsIn the end, the solar eclipse did not cause the electricity grid to flicker. The early drop-off in solar generation was manageable, just as the National Energy System Operator (Neso), the state-owned body responsible for keeping the lights on, predicted. Gas-fired generators still had to be paid nose-bleed prices to fire up, and power via high-voltage interconnectors to continental Europe was also expensively sourced. But the system worked.A summer of heatwaves, however, has highlighted European grids’ reliance on those interconnectors – including seven between the UK and the continent – in an age of extreme weather and greater use of intermittent renewables. On Thursday, another low-wind “heat dome” day, a fifth of power to the British grid was coming from the continent at 10am. Cables from France alone were meeting 11%, or 3.54 gigawatts, of demand, or more than twice as much as the output at that time from the UK’s entire fleet of windfarms. Continue reading...
bbc.co.uk
Harvey Nichols bought by owner of Sports Direct
The department store made famous by sitcom Absolutely Fabulous had warned it would cease trading.
bbc.co.uk
Bumble divides users by ditching its signature 'women-first' chat rule
The dating app's boss says the move is in response to a successful trial and a change in what users want.
bbc.co.uk
Water bills set to rise for many after firms permitted extra funding
Ofwat has given provisional approval for 13 water companies to charge customers more to pay for investments.
bbc.co.uk
Flock boss admits surveillance firm took too long to act over police abuse
US police officers have quit after using licence plate-reading cameras to track romantic partners.
bbc.co.uk
Young people want better job prospects and housing
In a recent survey only 27% of respondents say they want to stay in Guernsey.
bbc.co.uk
Zero hours crackdown could cost firms up to £2.9bn a year
Labour's employment rights bill crackdown on zero hours contracts could cost businesses up to £2.9bn a year, new official analysis has found.
bbc.co.uk
Twitch users outraged as Amazon uses their content to train AI in opt-out feature
Users of the popular streaming platform criticised allowing Amazon to use their data by dafault.
theguardian.com
How our food became so dependent on oil
Global food prices have hit their highest level in over three years. We are told this is due to rising oil and energy costs, but how exactly do they affect prices? The most reported reason is that transport and fertiliser are to blame, but the reality is that the oil and gas industry is far more integrated in our food production than many of us realise. To get a better understanding, Josh Toussaint-Strauss takes a closer look at the production processes of three categories of food: meat, processed staples and fruit and vegetables. What he discovers is a level of involvement that is shocking Continue reading...
theguardian.com
UK economy shows surprising resilience – but that might not last | Richard Partington
Weaker growth, rising energy costs and persistent inflation mean Britain could face tougher times in the autumnUK economic growth slows downBusiness live – latest updatesIn the spring the International Monetary Fund warned Britain faced the heaviest economic blow from the Iran war among the world’s most advanced nations. Almost six months into the conflict, on the surface, the UK appears to be proving the forecasters wrong.The latest official figures show the UK maintained its pole position as the fastest growing economy in the G7 in the first half of 2026. Despite the gloomy international backdrop and yet more domestic political uncertainty, consumers have largely continued spending and business investment has boomed. Continue reading...
bbc.co.uk
UK economy grows but experts warn of challenging months ahead
Hot weather and the men's football World Cup boosted the economy but the Iran war may weigh on growth
cnbc.com
This Chinese firm has topped Micron and Kioxia in shipments of crucial NAND memory chips
Counterpoint Research looked at the NAND segment of memory chips, which is benefitting along with the larger DRAM segment from artificial intelligence demand.
cnbc.com
EVs dominate China’s car market: 5 takeaways from the country's latest auto sales data
The China Passenger Car Association released data Tuesday showing penetration of new energy vehicles rose in July. Tesla's Model Y remained popular.
bbc.co.uk
Why Japanese firms are being so slow to use AI
Japanese risk aversion and conservatism blamed for slow AI take-up by the country's business sector.
bbc.co.uk
Business Daily
Guinness owner Diageo launches a reset after profits fall and shares slide
theguardian.com
British driver sets new land speed record for hydrogen-powered car – video
The British engineering company JCB and the driver Andy Green have set a new world land speed record for a hydrogen-powered vehicle of 406.320mph with their JCB Hydromax. The attempt comes 20 years after Green drove JCB's Dieselmax car to a FIA-certified diesel land speed record of 350.092mph. Green also holds the outright world land speed record of 763.035mph, which he achieved in 1997, becoming the first and still only person to break the sound barrier on land Continue reading...
cnbc.com
Why the historic U.S.-Japan intervention has failed to halt the yen’s slide
The Japanese yen has erased about half of the gains from an unprecedented U.S.-Japan intervention less than two weeks ago.
bbc.co.uk
Tokenomics: Why making AI pay is tricky
Buyers of AI services are struggling to control costs and sellers are not sure how much to charge.
bbc.co.uk
The Global Story
Are we entering the Chinese Century, or is the Chinese Dream already fading for some?
bbc.co.uk
'I started in my 20s and made £8,000': Why women are often better investors than men
Women can make higher returns but only about a quarter of UK women have investments, compared with about 40% of men.
bbc.co.uk
Business Daily
Europe's biggest business district in Paris is turning vacant office space into housing
bbc.co.uk
Jeff Bezos and Liverpool explained
BBC Sport's Sam Harris breaks down the potential new investment of Jeff Bezos into Liverpool.
bbc.co.uk
'You could smell someone' who worked at Raleigh
The company was more than just a employer. For years, it was part of the fabric of Nottingham.
bbc.co.uk
Why airlines are warning over lithium-ion batteries
The airline industry wants passengers to be careful when travelling with lithium ion batteries.
bbc.co.uk
Argos is getting a makeover - but can it attract new shoppers?
The retailer has been around for 50 years but struggled to compete with newer rivals such as Amazon. Can its new owners turn it around?
bbc.co.uk
First OpenAI, now Meta - why do AI hacks keep happening?
A flood of companies are revealing AI models gained access to the internet - with real consequences.
bbc.co.uk
Shorts, strappy tops and sandals: What is acceptable to wear to work?
Here's how to style for success while keeping your cool - and where you and your boss stand on your wardrobe.
bbc.co.uk
How tech is helping in the battle against wildfires
Tech is being used to watch for wildfires but firefighters are still needed to put them out.
bbc.co.uk
The cost of being single – and how friends are teaming up to beat it
Many singles face extra costs for housing, bills, food and holidays but there are ways to ease the burden.
bbc.co.uk
'I feel like I dug my own grave': The workers caught in the AI transition
AI is reshaping the Philippines' outsourcing industry, raising questions over the future of the industry.
bbc.co.uk
Why the UK is dithering over what to do about e-scooters
Why is it taking so long for the government to regulate them, and what are the consequences of delay?
bbc.co.uk
Why Gen Z are planning for life without a state pension
Many younger people do not believe the state pension will exist when they are older
bbc.co.uk
The furious dispute over what caused Air India flight 171 to crash
The final conclusions of the investigation have yet to be published, although more could become apparent in the coming days.
bbc.co.uk
How the High Street became a window on our political instability
High Streets have declined in recent years. What does this tell us about the UK?
bbc.co.uk
The £5 coffee that tells a story of global economic turmoil
Coffees at some city centre outlets now cost £5. It's a story of tariffs, the climate, Gen Z cultural tastes, and savvy coffee farmers playing the market, writes Faisal Islam
💬 Comments